Why Slovakia

Significance of IT Sector

GDP Share 4.5 %

Number of employees 46 000

Gross added value 3 billion €

Average gross salary per month 1 705 €

Source: Statistical Office of the Slovak Republic, 2013

Slovakia / Netherlands

Trade Exchange

2008 2009 2010 2011 2012 2013

mil.EUR mil. EUR mil. EUR mil. EUR mil. EUR mil.EUR

Export 1502,49 1171,48 1405,89 1358,97 1418,50 1496,8

Import 616,01 416,06 505,29 585,13 615,00 654,5

Balance 886,48 755,42 900,60 773,84 803,50 842,3

Vehicles,

parts and

accessories

Electrical

machinery

and

equipment

(TV sets)

Paper and

paperboard

Articles of

iron or steel

51,7%

702,8 mil.

14,7%

200 mil.

4,1%

56,4 mil.

11,2%

152,5 mil.

2,1%

29 mil.

Machinery and

mechanical

appliances

Top Slovak commodities

exported to the Netherlands

Machinery

and

mechanical

appliances

Vehicles, parts

and

accessories

Plastics and

articles

13,8%

80,5 mil.

11,6%

67,9 mil. 9,3%

54,5 mil.

10,1%

59,2 mil. 8,3%

48,7 mil.

Electrical

machinery

and

equipment

Pharmaceutical

and veterinary

products

Top Dutch commodities

exported to Slovakia

Labor Costs

Eurostat, april 2014

currency - euro

an hour pay incl. non-wage expences

monthly expences

EU eurozone

23,8 28,4

3696

Germany Netherlands

31,3 33,2

Czech republic Hungary

10,3 7,4

Slovakia 8,5 1344

Minimum Amounts of Investment

Unemployment

New

machinery

and

equipment

Own equity

Large

company

SME Large

company

SME

Lower then average 10 5 60% 5 2,5 Higher then average 5 2,5 50% 2,5 1,25 At least by 50% higher 3 1,5 40% 1,5 0,75

Foreign Politics - 1993

Establishment of Slovakia as fully - fledged member of international community

Creation of Slovak diplomatic service and network of Embassies around the globe

Necessity to clarify bilateral relations with some neighbouring countries

Ambition to join NATO and EU affected by domestic political development

Lack of knowledge about Slovaks and Slovakia in abroad

Why to come to Slovakia

1 Strategic location with great

export potential

2 Political & economic stability

3 Fastest growing Eurozone

member in the last 10 years

4 Best Conditions for Doing

Business in CEE, 2004–2013

(World Bank)

5 CEE leader in labour

productivity (OECD)

6 Euro currency

7 Steadily growing

infrastructure network

8 High potential for R&D

9 Large selection of industrial

land & offices

10 Investment incentives

b2match.eu/exportforum2014/registration

Contact persons

Jana Jarošová Naďa Hladká

T: +421 2 58 260 430 T: +421 2 58 260 321

E: matchmaking@sario.sk

emb.hague@mzv.sk

Facebook – Slovak Embassy,

Netherlands

Thank you for your attention